Page 14 - CityofBurlesonFY26Budget

Hotel/Convention Center
• Economic development staff completed a comprehensive hotel/convention center study
identifying Burleson as a strong market for 150 bed select-service hotel/convention
center
• A request for qualifications (RFQ) was released and staff received multiple responses
from interested hotel developers
• Staff will continue to work with developers, management and the community to put
together a successful project

Old Town Development
• Staff is marketing two greenfield sites in Old Town owned by the Economic
Development Corporation
o 130 East Renfro Street is the former site of Hill College. At roughly two acres,
council envisions a commercial development with a mix of retail and restaurant
users with architectural designs consistent with Old Town and sufficient parking
o 114 West Ellison is a former building that has become vacant and the EDC is
marketing the site for regional and corporate office users.

HighPoint Business Park
• Paris Baguette USA will be constructing their new North American manufacturing plant
employing 450 new jobs and investing $175 million in the development.
• Economic development staff is marketing industrial greenfield sites located in HighPoint
Business Park
• KMP Plumbing will be constructing their new corporate office and service center that
will provide for 100 new jobs.

To date, HighPoint Business Park has created close to 2,000 jobs

Utility Rates

The city of Burleson has continued its implementation of rate recommendations that align with
the city council’s commitment to establishing fiscally responsible reserves, performing
appropriate maintenance, and funding a capital replacement and improvement program
necessary to provide sufficient water and sewer capacity as the city continues to grow. These
efforts are aimed at ensuring the long-term sustainability of the city's water and wastewater
utility systems. In 2024, the city hired a rate consultant to evaluate the city’s utility system’s
operation costs, debt service payments, and future capital needs for infrastructure
improvements and to recommend any rate adjustments that would be necessary to fully fund
the cost of operating our system while maintaining an adequate financial reserve. We continue
to use the rate model they provided. The recommended rate adjustments in FY25-26 will be for

14
14